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Declared intent to influence
Filed on Schedule 13D: the investor states an intention to influence how the company is run.
Structured 13D/G data starts 2023-12, when the SEC moved these filings to a machine-readable format. Earlier filings exist but are not parsed here.
Sale intention announced
On Jul 17, Lam Chi Ming filed notice of intent to sell up to $3.3M. That is about 18.61% of shares outstanding.
A notice is not a sale: it may not go ahead, may happen in part, or at a different price.
After the notice, they sold $413K across 5 trades, between Aug 13 and Aug 21, per their Form 4. That is 13% of the shares announced so far, and the window is still open.
Beta
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Tax, stock compensation and option exercises. These are not decisions to buy or sell, so they sit apart and never enter the totals above. The amount can be huge without meaning conviction.
The full record holds 8 transactions and goes back to Mar 18, 26.